Allen Young at the Sacramento Business Journal (California) reported yesterday afternoon that Georgia is still in the running for a new factory to be built by Faraday Future, an automobile startup that includes former senior employees of Tesla Motors. The company made an announcement on Thursday that they are planning to invest $1 billion into the new factory. The company is also looking at California, Louisiana, and Nevada. An announcement is expected in the next few weeks.
Nick Sampson, Senior Vice President of Faraday Future:
“We are very excited to make our $1 billion investment in U.S. manufacturing — and this is just phase one. Selecting the right location for the future FF manufacturing facility is critical to our overall goals. Producing our forward-looking and fully-connected electric vehicles not only requires the latest technology, but the right community partner.
With energy constraints, urban crowding, and the increasingly intrinsic relationship we have with technology, today’s cars simply do not meet today’s needs. Our range of 100% electric and intelligent vehicles will offer seamless connectivity to the outside world.”